INFI K: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
INFI K
Largest movements
- Receivables after one year -€734,398
no longer reported in 2025 (was €734,398)
- Receivables within one year +€722,069
up €722,069 (+357.9%), from €201,741 to €923,810
of which Other amounts receivable: +€723,115
- Reserves -€61,750
down €61,750 (-13.9%), from €444,746 to €382,996
of which Distributable reserves: -€61,750
- Tax, wage and social debts +€42,394
up €42,394 (+28.0%), from €151,669 to €194,063
- Gross operating margin -€93,108
down €93,108 (-33.9%), from €275,029 to €181,921
- Taxes -€79,501
down €79,501 (-58.1%), from €136,915 to €57,414
- Other operating charges +€2,900
up €2,900 (+121.4%), from €2,388 to €5,288
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €938,423 | €927,776 | -€10,647 | -1.1% |
| Fixed assets | 21/28 | €146 | €2,703 | +€2,557 | +1746.9% |
| Tangible fixed assets | 22/27 | €146 | €2,703 | +€2,557 | +1746.9% |
| Plant, machinery and equipment | 23 | €146 | €39 | -€107 | -73.3% |
| Furniture and vehicles | 24 | - | €2,664 | +€2,664 | |
| Current assets | 29/58 | €938,276 | €925,073 | -€13,204 | -1.4% |
| Amounts receivable after more than one year | 29 | €734,398 | - | -€734,398 | |
| Trade receivables | 290 | €734,398 | - | -€734,398 | |
| Amounts receivable within one year | 40/41 | €201,741 | €923,810 | +€722,069 | +357.9% |
| Trade receivables | 40 | €33,137 | €32,092 | -€1,046 | -3.2% |
| Other amounts receivable | 41 | €168,604 | €891,718 | +€723,115 | +428.9% |
| Cash at bank and in hand | 54/58 | €665 | €731 | +€66 | +9.8% |
| Deferred charges and accrued income | 490/1 | €1,472 | €532 | -€940 | -63.9% |
| Total equity and liabilities | 10/49 | €938,423 | €927,776 | -€10,647 | -1.1% |
| Equity | 10/15 | €773,993 | €713,307 | -€60,686 | -7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €444,746 | €382,996 | -€61,750 | -13.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €442,886 | €381,136 | -€61,750 | -13.9% |
| Profit (loss) carried forward | 14 | €310,647 | €311,711 | +€1,064 | +0.3% |
| Amounts payable | 17/49 | €164,430 | €214,469 | +€50,040 | +30.4% |
| Amounts payable within one year | 42/48 | €163,517 | €213,251 | +€49,733 | +30.4% |
| Financial debts | 43 | €10,339 | €8,330 | -€2,008 | -19.4% |
| Credit institutions | 430/8 | €10,339 | €8,330 | -€2,008 | -19.4% |
| Trade debts | 44 | €1,510 | €10,857 | +€9,348 | +619.1% |
| Suppliers | 440/4 | €1,510 | €10,857 | +€9,348 | +619.1% |
| Taxes, remuneration and social security | 45 | €151,669 | €194,063 | +€42,394 | +28.0% |
| Taxes | 450/3 | €151,669 | €194,063 | +€42,394 | +28.0% |
| Accrued charges and deferred income | 492/3 | €912 | €1,219 | +€306 | +33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €363 | €1,346 | +€983 | +270.9% |
| Other operating charges | 640/8 | €2,388 | €5,288 | +€2,900 | +121.4% |
| Gross operating margin | 9900 | €275,029 | €181,921 | -€93,108 | -33.9% |
| Operating profit (loss) | 9901 | €272,278 | €175,287 | -€96,991 | -35.6% |
| Financial income | 75/76B | €2 | €0 | -€2 | -79.8% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -79.8% |
| Financial charges | 65/66B | €2,088 | €1,811 | -€278 | -13.3% |
| Recurring financial charges | 65 | €2,088 | €1,811 | -€278 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €270,192 | €173,477 | -€96,715 | -35.8% |
| Income taxes | 67/77 | €136,915 | €57,414 | -€79,501 | -58.1% |
| Profit (loss) for the period | 9904 | €133,278 | €116,064 | -€17,214 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €133,278 | €116,064 | -€17,214 | -12.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.